Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PAEWW
451
CALL
DELISTED
PAE Incorporated Warrants
PAEWW
| $50.4M | 0.04% |
5,494,633
+2,719,633
| +98% | +$6.71M |
|
452
PUT
Gilead Sciences
GILD
$181B
| $50.2M | 0.04% |
861,600
+223,200
| +35% | +$13.5M |
|
453
PUT
American Express
AXP
$227B
| $50.2M | 0.04% |
415,000
-101,000
| -20% | -$11.2M |
|
454
Wynn Resorts
WYNN
$10.3B
| $50.1M | 0.04% |
444,116
+118,086
| +36% | +$10.9M |
|
455
Expedia Group
EXPE
$38.6B
| $50.1M | 0.04% |
378,467
+271,660
| +254% | +$30.6M |
|
456
PUT
Palo Alto Networks
PANW
$292B
| $50M | 0.04% |
844,800
+708,000
| +518% | +$33.1M |
|
457
Vontier
VNT
$4.46B
| $50M | 0.04% |
+1,496,498
| New | +$46.2M |
|
458
PUT
International Flavors & Fragrances
IFF
$21.5B
| $49.7M | 0.04% |
457,000
+107,000
| +31% | +$12M |
|
459
Lam Research
LRCX
$393B
| $49.4M | 0.04% |
1,046,870
+904,800
| +637% | +$38.1M |
|
460
Zscaler
ZS
$29.4B
| $49.3M | 0.04% |
246,791
+195,342
| +380% | +$31.1M |
|
461
PUT
Domino's
DPZ
$11.3B
| $49.2M | 0.04% |
128,300
+122,800
| +2,233% | +$48.3M |
|
|
ATVI
462
DELISTED
Activision Blizzard
ATVI
| $49.1M | 0.04% |
528,638
-792,950
| -60% | -$64.4M |
|
|
NSA
463
DELISTED
National Storage Affiliates Trust
NSA
| $48.7M | 0.04% |
1,351,320
+806,329
| +148% | +$27.8M |
|
464
Reliance Steel & Aluminium
RS
$19.8B
| $48.6M | 0.04% |
406,204
-31,430
| -7% | -$3.63M |
|
465
Baker Hughes
BKR
$61.9B
| $48.6M | 0.04% |
2,331,113
-306,411
| -12% | -$5.38M |
|
466
CALL
Akamai
AKAM
$15.9B
| $48.6M | 0.04% |
462,800
+100,000
| +28% | +$10.5M |
|
467
Waters Corp
WAT
$40.4B
| $48.6M | 0.04% |
196,335
+5,663
| +3% | +$1.28M |
|
468
CONMED
CNMD
$1.53B
| $48.4M | 0.04% |
432,260
-84,757
| -16% | -$8.03M |
|
469
CALL
Edwards Lifesciences
EW
$51.8B
| $48.4M | 0.03% |
530,000
+509,600
| +2,498% | +$42.3M |
|
470
CALL
Comcast
CMCSA
$95.3B
| $48.3M | 0.03% |
922,500
-127,700
| -12% | -$6.12M |
|
471
T-Mobile US
TMUS
$196B
| $48.3M | 0.03% |
357,810
-12,748
| -3% | -$1.57M |
|
472
Chipotle Mexican Grill
CMG
$46.7B
| $48.1M | 0.03% |
1,734,400
-944,800
| -35% | -$24.8M |
|
473
10x Genomics
TXG
$8.48B
| $48.1M | 0.03% |
339,463
+285,238
| +526% | +$41.4M |
|
474
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $47.9M | 0.03% |
819,392
-62,486
| -7% | -$3.17M |
|
475
Howmet Aerospace
HWM
$108B
| $47.7M | 0.03% |
1,671,179
+1,609,000
| +2,588% | +$35.8M |
|
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Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.